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   bankrupt

   /ˈbaŋkrʌpt/

   adjective

   • 1. (of a person or organization) declared in law as unable to pay their debts: "his father went bankrupt and the family had to sell their home" Similar insolventbankruptedfailedruinedwiped outgone underin debtowing moneyin the redin arrearsin administrationin receivershipinformal:bustbelly upgone to the wallon the rocksbrokeflat brokeinformal, dated:smashedinformal:skintstony brokecleaned outin Queer Streetinformal, dated:in Carey StreetOpposite solvent
   • ▪ impoverished or depleted: "a bankrupt country with no natural resources"
   • 2. completely lacking in a particular good quality: "their cause is morally bankrupt" Similar completely lacking inwithoutbereft ofexhausted ofdevoid ofempty ofdepleted ofdestitute ofvacant ofbare ofdenuded ofdeprived ofin need ofwantinginformal:minussansOpposite teeming with

   noun

   • 1. a person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of their creditors.

   verb

   • 1. reduce (a person or organization) to bankruptcy: "the strike nearly bankrupted the union"

   Word Origin mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank2) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’.

   Scrabble Points: 16

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2. People also ask

   What does bankruptcy mean?

   • Bankrupt definition: a person who upon their own petition or that of their creditors is adjudged insolvent by a court and whose property is administered for and divided among their creditors under a bankruptcy law.. See examples of BANKRUPT used in a sentence.

   BANKRUPT Definition & Meaning | Dictionary.com

   www.dictionary.com/browse/ bankrupt

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   What does a bankrupt person mean?

   • A bankrupt is a person who has been declared bankrupt by a court of law. To bankrupt a person or organization means to make them go bankrupt. The move to the market nearly bankrupted the firm and its director. 8 meanings: 1. a person adjudged insolvent by a court, his or her property being transferred to a trustee and administered for....

   BANKRUPT definition and meaning | Collins English Dictionary

   www.collinsdictionary.com/dictionary/english/bankrupt

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   What is a moral bankrupt?

   • n. 1. a person who is adjudged insolvent by a court and whose property is divided among creditors under the bankruptcy laws. 2. any insolvent debtor; a person unable to satisfy any just claims made upon him or her. 3. a person lacking in a particular thing or quality: a moral bankrupt.

   Bankrupt - definition of bankrupt by The Free Dictionary

   www.thefreedictionary.com/bankrupt

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   What is a bankruptcy & how does it work?

   • Bankruptcies: The number of legal units that have started the procedure of being declared bankrupt, by issuing a court declaration, at any time during the reference quarter Q (this declaration is often provisional and does not always mean cessation of an activity).

   Quarterly registrations of new businesses and declarations of

   ec.europa.eu/eurostat/statistics-explained/index.php?oldid=504228

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3. www.merriam-webster.com › dictionary › bankruptBankrupt Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › bankrupt

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   bankrupt: [noun] a person who has done any of the acts that by law entitle creditors to have his or her estate administered for their benefit. a person judicially declared subject to having his or her estate administered under the bankrupt laws for the benefit of creditors. a person who becomes insolvent.

4. dictionary.cambridge.org › dictionary › englishBANKRUPT | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   BANKRUPT definition: 1. unable to pay what you owe, and having had control of your financial matters given, by a law…. Learn more.

5. www.thefreedictionary.com › bankruptBankrupt - definition of bankrupt by The Free Dictionary

   www.thefreedictionary.com › bankrupt

   • Cached

   bankruptcy: n the legal process by which a person, business, or corporation is declared to be insolvent and unable to pay creditors.

6. www.dictionary.com › browse › bankruptBANKRUPT Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › bankrupt

   • Cached

   Bankrupt definition: a person who upon their own petition or that of their creditors is adjudged insolvent by a court and whose property is administered for and divided among their creditors under a bankruptcy law..

7. www.collinsdictionary.com › english › bankruptBANKRUPT definition and meaning | Collins English Dictionary

   www.collinsdictionary.com › english › bankrupt

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   8 meanings: 1. a person adjudged insolvent by a court, his or her property being transferred to a trustee and administered for.... Click for more definitions.

8. dictionary.cambridge.org › bankruptBANKRUPT | meaning - Cambridge Learner's Dictionary

   dictionary.cambridge.org › bankrupt

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   BANKRUPT definition: 1. unable to continue in business because you cannot pay your debts: 2. to make someone bankrupt. Learn more.

9. www.merriam-webster.com › dictionary › bankruptcyBankruptcy Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › bankruptcy

   • Cached

   The meaning of BANKRUPTCY is the quality or state of being bankrupt. How to use bankruptcy in a sentence.